Friday, January 31, 2020

Cowgirl Chocolates Essay Example for Free

Cowgirl Chocolates Essay In 1997, Marilyn Lysohir and her husband Ross Coates began making and distributing chocolates and other treats in addition to working as an artist in Moscow. Cowgirl Chocolates are all-natural, kosher chocolates that are unique in that they contain hot pepper as an ingredient. When you first put one in your mouth, it will taste smooth like other high quality chocolates. After a second or two, youll taste the fiery pepper. Marilyn admits that not everyone can take the heat of her chocolates. However, enough people enjoy both chocolate and spice to keep Marilyn busy shipping her candies from Moscow to all over the world. Cowgirl Chocolates come in mint, orange, lime-tequila, espresso, and milk chocolate. Although espresso is the hottest, all five flavors are hot. In order to appease people who prefer chocolate without spice, this year Marilyn has started making mild-mannered milk chocolate and dark chocolate truffles. Also in the line of Cowgirl Chocolates products, are a spicy caramel sauce and merchandise with the company logo and the tongue-in-cheek warning: sissies stay away. Cowgirl Chocolates quickly began earning awards and gaining attention. Among the eleven awards that Marilyn keeps in her garage are two Golden Chiles, awarded by Chile Pepper Magazine. The critical success of Cowgirl Chocolates inspired Marilyn to adapt and increase the size of her operation. Today, Cowgirl Chocolates are made in cooperation with Seattle Chocolates. Marilyn makes the caramel sauce in a specialty kitchen in Sandpoint. As it turns out, shipping Cowgirl products to numerous locations throughout the world has proven to be the most difficult part of the business.

Thursday, January 23, 2020

Economies of Scale Essay -- Economics Economy Essays

Economies of Scale Economics Test 1. Define and explain all Internal Economies of Scale:  · Internal Economies of Scale:Are reductions in long-run average cost as the size and output of a firm increases. In other words, they are advantages that large firms have because they are large. As they grow larger in the long-run they manage to raise their output faster than the rise in their total costs. The result is lower long-run average cost. - Marketing economies- Both in buying materials and selling its finished goods a large firm is n a better position than a smaller one. In buying the products it needs, the large firm often pays less for raw materials, machinery and so on because suppliers are sure they are going to get large orders and do not want to lose a big customer. E.g. A producer of shoelaces will sell its products for à ¢Ã¢â‚¬Å¡Ã‚ ¤1 per packet to Nike because it has an order of 1000 packets per week. But for Adidas it will sell them à ¢Ã¢â‚¬Å¡Ã‚ ¤2 because it has only an order of 100 packets per week. So Nike has a lower cost per packet compare to Adidas. In selling its products, Nike can afford to pay for expensive and professionally made advertisements or employ specialist salesmen much easier than Adidas. The large total cost of advertising can be spread over a large output that is sold. Therefore, the average cost of advertising will be low. - Financial economies- If Nike is going to borrow money because it is a well known firm, it is considered more reliable, and less risky is easier to borrow than Adidas. So Nike can borrow a large amount of money with a lower interest rate compared to Adidas. E.g. If Nike borrows à ¢Ã¢â‚¬Å¡Ã‚ ¤1, 000000 it will pay an 8% interest rate while if Adidas borrows à ¢Ã¢â‚¬Å¡Ã‚ ¤1,000 it wil... ...At OQ the firm is enjoying Internal Economies of Scale and its average cost falls. Beyond this point, further growth would make the firm less efficient. Instead of producing with a low average cost, extra production would cause the average cost of each unit of output to rise. 8. Why do small firms still exist? - New firms - Firms do not start large. In other words. Many firms are small because they are new. Those that will be successful are expected to become large over the years. - Desire to remain in control- Sometimes owners of small firms may not want the firm to grow too large in case they lose personal control. - Lack of Finance- Small firms find it difficult to expand because they cannot raise finance. Large companies have huge retained profits and also can sell shares to the general public. Small firms can neither of these.

Tuesday, January 14, 2020

Derek Bentely Essay

Why Derek Bentley’s execution was important in changing attitudes to Capital Punishment? For serious crimes, such as murder, the government has introduced a punishment which is known as the Capital punishment. It’s a death penalty for the person who committed a crime. The government believed that the harshness in the punishment would deter crimes and also bring justice to the victim’s family. However, during the 20th centuary, there were concerns questioning the necessity of the death penalty.One of the controversial execution is of Derek Bentley, who was accused of murder and was executed as a result. On Sunday the 2nd November 1952, Bentley, aged 19, and Christopher Craig, aged 16 broke into a London Warehouse, intending to commite the crime of burglary. The arrival of the police at the scene sbotaged their intention and their plan to escape through the roof.In panic Criag shot one of the police, PC Sidney and killed him consequently. Eventhough both Craig and Bentley were charged with murder, it was only Bentley who was executed as Craig was under 18 and a law which was passed in 1933 stating that people under 18 could no longter be hanged restrained the execution of Craig. But the public’s concern was: was the exceution of Bentely fair at all? Since Bentley was known to have learning difficulties and had the mental age of 11, the local people though the execution was utterly unfair. In addition, Bentley didn’t own any weapon nor he pulled the trigger and shot the officer. This strongly suggests the injustice that’s in his execution and the poepl’s denail against it. This particular exceution changed many people’s attitudes toward Capital punishment overwhelmingly. People had gathered outside Wandsworth jail, where they showed great sympathy by singing and praying for him and also were protesting against the decision of the execution. Also, a petion of 200 members asking for the mercy of Bentley was passed around, to which the government showed no remorse to. Many pointed out that the mental age of Bentley is younger than Craig’s and this led to these protests against the useage of Capital punishment. To conclude, Bentley’s execution was one of the principal elements that has been the cause to abolish the Capital punishment and changed many people’s views as  it was inquitable to sentence someone with mental disabilities and who had not even committed murder to death.